The coefficients of the volume, surface, Coulomb, asymmetry and pairing energy terms of the semiempirical liquid drop model mass formula have been determined by furnishing best fit to the observed mass excesses. Slightly different sets of the weighting parameters for liquid drop model mass formula have been obtained from minimizations of \chi 2 and mean square deviation. The most recent experimental and estimated mass excesses from Audi--Wapstra--Thibault atomic mass table have been used for the least square fitting procedure. Equation of state, nuclear incompressibility, nuclear mean free path and the most stable nuclei for corresponding atomic numbers, all are in good agreement with the experimental results.
PACS numbers: 21.10.Dr, 21.60.Ev, 21.65.+f
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